Between missed rent, service costs, court costs, and possible property damage, the consequences of making a mistake in tenant screening can prove to be a very costly mistake, especially if a tenant must be evicted.
So what does evicting a non-paying tenant in Connecticut cost? In the best of times, non-COVID times, a speedy eviction can take 2 – 3 months and cost $4,500 – $6,500 (assuming $1500/mo rent, attorneys fees, Marshall’s fees, and court costs). That’s if everything is handled correctly to the letter of the law and the courts are not backed up with cases.
Mistakes in the eviction process, paperwork errors, or illegal missteps by owners/landlords can significantly delay the process and add thousands of dollars per month to the overall eviction cost.
We have found that the best way to mitigate the downside risk of potentially bad tenants is with rigorous upfront tenant screening. Every one of our tenant applicants undergoes the following screening process:
- A comprehensive application for every adult
- Credit, criminal, eviction background checks from Transunion
- Deep identity verification (if needed)
- Search engine & Social Media review
- Connecticut Legal Records review
- Landlord (or previous housing) reference verification
- Income verification
- Identity verification
Our detailed tenant screening process is an included service when we are hired to lease a property.